noun
- something claimed by a sovereign or superior as a prerogative.
- a charge on bullion brought to the mint to be coined.
- the difference between the cost of the bullion plus minting expenses and the value as money of the pieces coined, constituting a source of government revenue.
noun
- something claimed by a sovereign or superior as a prerogative, right, or due
- a fee payable to a government for coining bullion
- the difference in value between the cost of bullion and the face value of the coin made from it
n.mid-15c., from Old French seignorage, from seignor (see seignior).